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5461 New Lothrop Rd

Durand, MI 48429

3 bd 1 ba 1,009 sqft Built 1877 Lot 291,852 sqft single_family
Most recent sale
$155,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $155,000 MLS #262897
Mar 1, 2022 Price changed $149,900 MLS #262897
Feb 23, 2022 Listed $160,000 MLS #262897
Aug 6, 2021 Price changed $175,000 MLS #2210063317
Aug 3, 2021 Listed $195,000 MLS #2210063317
Jan 15, 2021 Sold $115,000 Public Record
Jun 28, 2006 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $51,600 $452

Property facts

Year built
1877
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,009 sqft
Lot size
291,852 sqft
ZIP code
48429
City
Durand
Street
New Lothrop Rd
Coordinates
42.91957, -83.96749

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,514
Gross rental yield
11.72%
Implied cap rate
7.62%
Trend-extrapolated value

Frequently asked questions

When did 5461 New Lothrop Rd last sell?
5461 New Lothrop Rd most recently sold on Apr 11, 2022 for $155,000.
What is the current tax assessment for 5461 New Lothrop Rd?
The most recent total assessment for 5461 New Lothrop Rd (year 2021) is $51,600 with $452 in property tax.
How does 5461 New Lothrop Rd's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $155,000.
When was 5461 New Lothrop Rd built?
5461 New Lothrop Rd was built in 1877.
How does 5461 New Lothrop Rd compare to others on New Lothrop Rd?
We track 8 other properties on New Lothrop Rd. Browse the list under "Other properties on New Lothrop Rd" to compare beds, baths, and sale history.
What are the property facts for 5461 New Lothrop Rd?
5461 New Lothrop Rd is a 3 bed, 1 bath, 1,009 sqft, 291,852 sqft lot single_family.
Is 5461 New Lothrop Rd a flip candidate?
Yes — 5461 New Lothrop Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5461 New Lothrop Rd a tax-appeal candidate?
No — 5461 New Lothrop Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q2
$207.2K
2026 Q3
$212.5K
ZIP 48429 — Median Price History + Forecast

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